New technology has helped commercial fishing fleets to double their fishing capacity every 35 years, says a recent study conducted by researchers from the University of British Columbia’s...
News
Bumble Bee Lenders Financing Chapter 11 Trip
In order to guarantee that Bumble Bee can keep its operations running while taking the Chapter 11 route, its prepetition lenders have given significant debtor-in-possession (DIP)...
The Extreme Importance Of FCF For Bumble Bee
Not only is the survival of Bumble Bee crucial for Fong Chu Formosa (FCF), even more critical is the extreme importance of the Taiwanese boat-owners cooperation – today's world's largest...
Tuna Wars: The Book The Industry Needs
The wait is finally over - tomorrow the book that the tuna industry has been anticipating for a long time will be released. It tells the untold story of the power...
Mexican Study To Evaluate Health Of EPO Dolphins
The Mexican tuna fishing industry has started a research study on dolphins concerning their distribution and abundance in the Eastern Pacific Ocean. This is to comply with agreements...
Lischewski: “I Had No Idea” About Price-Fixing
Chris Lischewski, former CEO of Bumble Bee, took to the witness stand on Friday and confidently stated that he did not participate in the canned tuna price-fixing conspiracy and he did not...
Why Bumble Bee’s Survival Is Crucial For FCF
The stalking-horse bid for Bumble Bee’s assets by Fong Chu Formosa (FCF) is no surprise because it is crucial for the Taiwanese tuna supplier's own survival. FCF is a cooperation of...
Defense Argues Acquittal For Defendant In Mozambique Fraud Trial
Defense counsel downplayed the role of his client, Jean Boustani, a key salesman for Privinvest, in the Mozambique USD 2 billion scandal that has rocked the African...
Albacora Wants Out Of Super Seiner Shipyard
Spanish seafood company, Albacora, wants to sell its shares and leave Hijos de J. Barreras, the Vigo-based shipyard, the latter which is going through a pre-insolvency phase....
Chinese CNFC Stock Price Falls Despite Better Q3
The good Q3 numbers of Chinese tuna vessel operator CNFC Overseas Fisheries (CNFC) have not resulted in better stock performance. Initially, during October, its share price...
Bangkok Skipjack Price Bottoming Out?
Is the benchmark Bangkok skipjack market at last bottoming out and picking up? As it stands, there is still a really low demand while the supply of raw material to the region remains high. But...
Petit Navire Promises Tender Tuna Chunks
French brand Petit Navire’s Salade à la Mexicaine (Mexican Salad) is a bestselling product, boldly claiming it contains tender tuna with the ‘Tendres Morceaux De...
Investigation Reveals Cause Of Fire Onboard US Seiner
Poor training and a lack of oversight are to blame for the sinking of US-flagged purse seiner ‘Jeanette’ after flames devoured the vessel, an investigative report has concluded. The...
Greek Imports Show Upward Trend
Imports of canned tuna destined to Greece are slowly recovering after a massive fall in 2017. During the first half of the year (H1), orders by Greek buyers showed a small increase of...
PNG Fishing Industry Concerned Over Minister’s Remarks
The PNG Fishing Industry Association Inc. has taken issue with the remarks made by the newly appointed PNG’s Minister for Environment, Conservation, and Climate Change, Wera Mori. The...
New Global Atlas Shows Growth In AIS Use By Vessels
A new global report analyzing AIS tracking technology shows that the number of fishing vessels utilizing this technology is increasing each year. It can provide information on fishing activity...
Europeans At Loggerheads Over Quota Reduction For Seiners
In order to reach the goal of an integrated management system of the four tropical tuna stocks in the Atlantic, OPAGAC has been promoting a fishing effort based management system to...
Former Chicken Of The Sea Executives Implicate Lischewski
Two former Chicken of the Sea top executives took the stand in a federal court in Northern California to give their testimonies regarding price-fixing canned tuna in the...
FCF In Bidding Talks With Bumble Bee
In the latest shocking news in the Bumble Bee saga, Taiwan-based FCF Fishery has entered into talks with Bumble Bee Foods to buy the tuna company during...
Jealsa Manufactured Over 1 Billion Cans In 2018
The Spanish canned seafood company, Jealsa, manufactured over 1 billion cans in 2018, which represents a turnover of EUR 639 million. The business owns canned tuna...